BST:5JW

Stock Analysis Report

Executive Summary

W-SCOPE Corporation manufactures and sells plastic films and sheets.

Snowflake

Fundamentals

Limited growth and overvalued.

Share Price & News

How has W-SCOPE's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.2%

5JW

1.6%

DE Chemicals

1.7%

DE Market


1 Year Return

-37.1%

5JW

-1.9%

DE Chemicals

7.2%

DE Market

Return vs Industry: 5JW underperformed the German Chemicals industry which returned -1.9% over the past year.

Return vs Market: 5JW underperformed the German Market which returned 7.2% over the past year.


Shareholder returns

5JWIndustryMarket
7 Day-4.2%1.6%1.7%
30 Day-14.3%3.3%2.4%
90 Day-52.4%1.3%2.3%
1 Year-37.0%-37.1%2.0%-1.9%10.6%7.2%
3 Yearn/a-2.8%-11.9%18.4%8.1%
5 Yearn/a22.2%3.5%42.3%22.9%

Price Volatility Vs. Market

How volatile is W-SCOPE's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is W-SCOPE undervalued compared to its fair value and its price relative to the market?

1.35x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 5JW (€4.54) is trading above our estimate of fair value (€0.26)

Significantly Below Fair Value: 5JW is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 5JW is unprofitable, so we can't compare its PE Ratio to the Chemicals industry average.

PE vs Market: 5JW is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 5JW's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 5JW is good value based on its PB Ratio (1.3x) compared to the DE Chemicals industry average (1.7x).


Next Steps

Future Growth

How is W-SCOPE forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

112.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 5JW is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 5JW is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 5JW is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: 5JW's revenue (47.1% per year) is forecast to grow faster than the German market (5% per year).

High Growth Revenue: 5JW's revenue (47.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 5JW's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has W-SCOPE performed over the past 5 years?

-56.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 5JW is unprofitable, and losses have increased over the past 5 years at a rate of -56.9% per year.

Accelerating Growth: Unable to compare 5JW's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 5JW is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-5.5%).


Return on Equity

High ROE: 5JW has a negative Return on Equity (-36.16%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 5JW is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 5JW is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is W-SCOPE's financial position?


Financial Position Analysis

Short Term Liabilities: 5JW's short term assets (¥7.6B) do not cover its short term liabilities (¥15.8B)

Long Term Liabilities: 5JW's short term assets (7.6B) do not cover its long term liabilities (24.1B)


Debt to Equity History and Analysis

Debt Level: 5JW's debt to equity ratio (266.6%) is considered high

Reducing Debt: 5JW's debt to equity ratio has increased from 14% to 266.6% over the past 5 years.

Debt Coverage: 5JW's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 5JW's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: 5JW has a high level of physical assets or inventory.

Debt Coverage by Assets: 5JW's debt is not covered by short term assets (assets are 0.2x debt).


Next Steps

Dividend

What is W-SCOPE's current dividend yield, its reliability and sustainability?

0.44%

Current Dividend Yield


Upcoming Dividend Payment

Purchase W-SCOPE before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company0.4%marketbottom25%1.5%markettop25%3.8%industryaverage4.0%forecastin3Years0.4%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 5JW's dividend (0.44%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.48%).

High Dividend: 5JW's dividend (0.44%) is low compared to the top 25% of dividend payers in the German market (3.83%).

Stable Dividend: 5JW is not paying a notable dividend for the German market, therefore no need to check if payments are stable.

Growing Dividend: 5JW is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 5JW is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 5JW's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

What is the CEO of W-SCOPE's salary, the management and board of directors tenure and is there insider trading?

8.8yrs

Average board tenure


CEO

Won-Kun Choi (56yo)

14yrs

Tenure

0

Mr. Won Kun Choi has been the President of W-Scope Corp. since October 2005. Mr. Choi serves as External Director of IMBN Venture. Mr. Choi served as a Manager of Marketing Division in SamSung Electronic C ...


Board Age and Tenure

8.8yrs

Average Tenure

63yo

Average Age

Experienced Board: 5JW's board of directors are considered experienced (8.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Kunihiko Takei (56yo)

    Chief Financial Officer and Director of Corporate Development

    • Tenure: 7.6yrs
  • Won-Kun Choi (56yo)

    President & Representative Director

    • Tenure: 14yrs

Board Members

  • Kiyohisa Ota (59yo)

    Outside Director

    • Tenure: 3.5yrs
  • Won-Kun Choi (56yo)

    President & Representative Director

    • Tenure: 14yrs
  • Katsuyuki Masuno (67yo)

    Outside Director

    • Tenure: 3.5yrs
  • Hideo Ouchi (58yo)

    Director

    • Tenure: 11.6yrs
  • Nam-Sung Cho (67yo)

    Director

    • Tenure: 8.6yrs
  • Akira Taki (71yo)

    Full-Time Auditor

    • Tenure: 8.6yrs
  • Eisaburo Iwamoto (74yo)

    External Auditor

    • Tenure: 9yrs
  • Junbom Lee (47yo)

    External Auditor

    • Tenure: 11.9yrs

Company Information

W-SCOPE Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: W-SCOPE Corporation
  • Ticker: 5JW
  • Exchange: BST
  • Founded: 2005
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: JP¥19.054b
  • Listing Market Cap: JP¥157.578m
  • Shares outstanding: 33.37m
  • Website: https://w-scope.co.jp

Number of Employees


Location

  • W-SCOPE Corporation
  • SUMITOMO-SEIMEI Gotanda Building
  • 10th Floor
  • Tokyo
  • 141-0032
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6619TSE (The Tokyo Stock Exchange)YesCommon SharesJPJPYDec 2011
5JWBST (Boerse-Stuttgart)YesCommon SharesDEEURDec 2011

Biography

W-SCOPE Corporation manufactures and sells plastic films and sheets. It offers separators for lithium-ion secondary batteries. The company was founded in 2005 and is headquartered in Tokyo, Japan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 21:52
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.